Eurozone Consumer Prices Fall

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

Consumer prices in the eurozone fell more sharply and more broadly in January, heightening the risk of a slide toward deflation that the European Central Bank hopes to halt and then reverse through its new bond-buying program. The European Union's ...

Visa Reports Rise in Quarterly Profit -- 2nd Update

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Robin Sidel And Josh Beckerman Visa Inc. reported quarterly earnings that topped Wall Street expectations as the company posted growth in payment volume and announced a four-for-one stock split. The increase, which sent shares up in after-hours trading, came ...

Japan Shares Lead Asia Mostly Higher

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

Stocks in Japan led Asia mostly higher Friday with electronics maker Toshiba Corp.'s shares rising on its sharp earnings growth. The Nikkei Stock Average was up 0.9%, and the S&P; ASX 200 was up 0.7%, each tracking gains in the ...

Shake Shack Prices IPO Above Expectations

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Corrie Driebusch Thanks to hearty investor appetite, Shake Shack Inc.'s initial public offering priced well above expectations, netting the burger chain a valuation of $745.5 million. The restaurant chain, which calls itself a "modern day roadside burger stand," priced ...

Thailand's Economic Recovery Remains Soft in December

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Nopparat Chaichalearmmongkol BANGKOK--Private consumption and investment in Thailand remained weak in December as both households and businesses spent cautiously in the face of an uncertain global and domestic economy, data from the central bank showed Friday. Thailand's private consumption ...

UK Consumer Credit Slows in December

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Jon Sindreu and Jason Douglas LONDON--Credit to U.K. households grew in December at the slowest pace in more than a year, figures from the Bank of England showed Friday. Total lending to individuals increased by 2.2 billion pounds ($3.3 ...

Industry Association Sees German Retail Growth at 1.5%

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Natalia Drozdiak FRANKFURT--German retail sales will grow by 1.5% this year thanks to solid economic conditions, German retailers association HDE said Friday. The association foresees sales rising to 466.2 billion euros ($528.3 billion) this year. Online sales, set to ...

Italy Unemployment Rate Falls for First Time in Seven Months - Update

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

(Adds details, background.) By Liam Moloney ROME--Italy's unemployment rate fell for the first time in seven months in December to its lowest level since September, official data showed Friday, a welcome reprieve for the government of premier Matteo Renzi, who ...

Danish Regulator Demands Details on Saxo Bank Swiss Franc

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

Denmark's financial services regulator on Friday ordered Saxo Bank A/S to hand over details of its handling of Swiss franc trades amid chaotic moves in the currency earlier this month. The brokerage is under fire from clients after it altered ...

U.S. GDP Growth Slows To 2.6%

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

WASHINGTON-U.S. economic growth retreated to a modest pace in the final months of 2014, underscoring obstacles facing the recovery as troubles mount abroad. Gross domestic product--the broadest measure of goods and services produced across the economy--expanded at a 2.6% annual ...

U.S. GDP Growth Slows To 2.6% In Fourth Quarter

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Josh Mitchell and Jeffrey Sparshott WASHINGTON-U.S. economic growth retreated to a modest pace in the final months of 2014, underscoring obstacles facing the recovery as troubles mount abroad. Gross domestic product--the broadest measure of goods and services produced across ...

Canada Swings to Budget Surplus in November

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Nirmala Menon OTTAWA--The Canadian government swung to a budget surplus in November as personal income tax revenue rose and program spending and debt charges fell. Ottawa's deficit for April through November, which represents two-thirds of the current fiscal year ...

Principal Financial Tops Earnings Estimates, Boosts Dividend

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Josh Beckerman Principal Financial Group Inc. said fourth-quarter operating earnings rose 13% as it posted increases in revenue and assets under management. The provider of insurance and retirement plans also increased its quarterly dividend to 36 cents, from 34 ...

Senate Committee Passes New Iran Sanctions Bill

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

WASHINGTON--The Senate Banking Committee easily approved a new bipartisan sanctions bill Thursday on Iran, raising the likelihood that new financial penalties on Iran will be passed into law before a final June diplomatic deadline for an agreement on Tehran's nuclear ...

Plunging Oil Continues to Weigh on Japan Inflation

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

TOKYO--Japan's inflation rate decelerated in December to its lowest level in a year and half, weighed down by plunging global oil prices, data released Friday showed. But on a more positive note, the country's jobless rate sank to its lowest ...

European Stocks Rise as Oil Steadies

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Tommy Stubbington European stocks rose Friday, boosted by a late rise on Wall Street. The Stoxx Europe 600 was 0.4% higher in early trade, reversing the previous day's decline, leaving the index marginally lower this week. The gains echo ...

China 2014 Fiscal Revenue Growth Slows

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

BEIJING--China's fiscal-revenue growth slowed to its lowest pace in more than two decades last year amid sluggish economic growth, official data showed Friday. Fiscal revenue was 14.035 trillion yuan ($2.2 trillion) in 2014--up 8.6% from a year earlier, the Ministry ...

German Retail Sales Edged Up in Dec, Grew Solidly on Year

TODAY: Jan. 30, 2015 PUB DATE: Jan. 30, 2015

By Emese Bartha FRANKFURT--German retail sales rose less than expected in December, but the annual figures suggest that consumption continued to act as a pillar to economic growth in the final quarter of last year. Retail sales in December rose ...